Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 2SCQ: If the trade deficit of the United States increases, how is the current account balance affected?
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Question
Suppose in an economy if the Trade balances are $80 Invisible balance are $20 find the Current account balance of payment!!!!
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